Future

What do an Aerospace Engineer, PhD in Biochemistry to founder preventing fatal road accidents have in common? They’re Illume’s VC Fellows ‘24.

Illume’s VC fellowship exists to support founders who are preparing for fundraising paired with professionals and students who are keen to break into the Venture capital or Investment Career by giving them the hands-on experience to work on deals and build their investment thesis. This cohort, we were joined by entrepreneurs who are creating global and impactful startups while Masters and PhD graduates who showcased their intellectual curiosity, commercial prowess aspiring to enter the venture capital industry. Introducing our VC Fellows’ 24    From a startup that is helping the trucking industry to manage fatigue and compliance to a med-tech that is developing a device for early detection of respiratory complications with ICU patients. From a founder who is using his 15 years of experience in the Migration Industry to create technologically innovative identity verification and document authentication solutions to PhD researchers who are using their research to develop breakthrough technology to solve Climate crises. Paired with these founders were our analysts that come with professional backgrounds. From a Product Manager at a fast-growing Fintech to an industry veteran in Mindfulness; from a Data Science graduate to a graduate studying their CFA to a Graduate in Aerospace Engineering and PhD in Biochemistry, this cohort was an amalgamation of intellectual powerhouse. “These fellows show that the future of investing will rest not just on those with the Investment Banking background but those that are quick learners, can power through the deep research and possess founder empathy and network.” Laxmi Pun, Program Director, Illume. During the program, the fellows had the opportunity to work on their investment memo while the Investment analyst fellows worked with these founders to develop their investment research skills, presenting their thesis and role-playing with their investor hat on.  In addition, the fellows have access to intimate fireside chats and panel sessions with founders and investors,  candid and honest conversations to learn from people who have been in their shoes or aspire to be one. We’d like to thank our startup and venture fund guests who supported this cohort- Innovation Bay, Investible Fund, SVG Ventures, Everlab. “As a founder, I found this program, succinct yet effective way to prepare for fundraising. Creating a data room and what needs to go there and most importantly- WHY was a big win for me.” Navjeet Singh, Founder, AssureDoc. ” I am fortunate to be at the heart of India’s startup capital- Silicon Valley of India in Bangalore and I was looking for a global program to connect with founders and investors internationally, and I found that with the Illume VC Fellowship. As I embark on my MBA at INSEAD, I feel more confident and inspired to continue my VC journey.” Ruchita Kachhap, INSEAD and fintech professional. As these fellows embark to accelerate their fundraising or venture capital career, if you are investing or looking for analysts to support your investments, connect with us. If you’re a startup or aspiring VC talent- join our 6 weeks program to accelerate your fundraising or VC career.

From Biomedicine graduate to LLM enthusiast, meet Illume’s May-Jul’24 Startup Fellows.

We are amazed by the quality of talent that exists in our universities. From Biomedicine graduate to data-science to marketing to our most popular stream- software development, these 11 Fellows will embark on their 12 weeks fellowship journey immersing themselves in startup environment, working directly with the founders of innovative emerging startups and developing their entrepreneurial mindset and network to accelerate their career and eventually build their own startup. Introducing Illume’s May-July 2024 Startup Fellow  This batch of Fellows represent students and graduates across Australian universities, from 1st year Computer Science student interested in LLM to a recent graduate working on building scalable backend technology, having started his own tech ventures in his home country; Marketing graduate who also built her startup; fellow who is combining finance degree to data science to work at the nexus of technology and business and an avid gamer combining her love for game and technology development and a bio-medicine graduate keen to plunge into the world of innovative healthcare. These fellows not only bring their impressive backgrounds but showcase their willingness to push the boundaries.  And even more impressive was the fact that 82% of this cohort are Women students and graduates who are making their way into the tech sector. Our Host Startups This fellowship would not be possible without the support of our startup ecosystem. Thank you to all the participating startup hosts . Our founders who are willing to give these talents a go, are moved by their desire to give back despite their busyness of building a startup, creating projects and learning environments to develop these talents. Our host startups are working on frontier technologies and the future of industries like Medtech and Healthtech, AI & Automation, Enterprise softwares, giving our fellows exposure and hands-on experience on new technologies. “Because I got to work with new tools during my startup experience, I was able to stay relevant and showcase my learning curve which helped me land a job despite no initial tech background”, Jojo Wang (Illume Fellow) from Business to Software Developer role. This is only the beginning for these Fellows as they venture into the professional world. They will be supported throughout their journey through Illume Foundation’s Venture Building Community. If you’re a company that would like to support our talent please get in touch with us, [email protected]. If you’re a student, graduate or a professional seeking to get work experience at a startup or venture capital and build your career in the field of innovation, technology and entrepreneurship, check out our internship and fellowship programs. Course credit internships are offered for university students. By: Illume Team

Reimagining our Career

When I was graduating back in late the 2000s, you were expected to join a big corporation preferably in banking or consulting, put in crazy amounts of 60+ hours per week, get promoted and hope to become a partner at the firm someday. I had the opportunity to peep into ‘what it was like to work as a consultant in a big 4 firm’ by having a close conversation with one of my mentors from the firm which completely changed the direction I was heading. At first, the change was hard, as it always is when you have made up your mind based on some assumptions. But it was important for me to reflect on my life’s goals, values, organisational fit and basically- would I be happy? During that time, I spent time reading (on various topics from spirituality to technology to finance & business etc), reflecting, talking to people from industries that I was interested to pursue, volunteered at local organisations, and hustled my way to break into the venture capital industry. It took me months and months of soul searching but finally I landed up where I wanted to be- working with early stage companies. To arrive at this, I focused on finding 3 things about me 1)    What do I love doing? (Something I’d do happily even if I wasn’t paid to) 2)    What am I good at? (Something that brings the best of my skills) 3)    What do I care deeply about? (This can be your life’s mission, passion, motivation) For me, I figured out that I love learning- from anyone, anywhere and anytime. I am good with connecting with people, generating ideas and deeply care about solving problems and making a global impact. Today, I am fortunate to work with entrepreneurs and change makers and glad that I changed the direction of my life before it was too late. At Illume, we want to empower every student to dream and make that dream into reality. If you are kickstarting your career or changing the direction like I did, reach out to us for career mentorship and guidance. Laxmi Pun Illume Foundation

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